67 County Road 356FlorenceAL35634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Florence at 67 County Road 356, Florence, AL, 35634 listed at $352,000 pairs $2,810/mo rent with a $1,723/mo payment to leave $676/mo cash flow. Total monthly income runs $2,810/mo, and annual cash flow reaches $8,112/yr on $116,688 cash to close. Return on cash invested measures 26.86% in year one, and rental yield registers 9.58% at a $352,000 basis. Equity gained on principal adds $2,271/yr, and annual property appreciation at 5% supports $97,251 by year five. Five-year ROI tracks 139.99% and total cumulative return in cash totals $163,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,810/mo property income relative to a $1,723/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35634, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,052 (100%) |
| Owner Occupied HU | 3,757 (74.4%) |
| Renter Occupied HU | 789 (15.6%) |
| Vacant Housing Units | 506 (10.0%) |
| Median Home Value | $294,579 |
| Average Home Value | $371,757 |
Housing Distribution
Address Breakdown
Residential
4,809
Single Family
4,706
Multi-Family
103
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel R Burns • Dream Key Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #518834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.